The U.S. Department of the Interior announced Friday it will resume the leasing of federal oil and gas reserves in nine states including Colorado, with details to be announced later.These will be the first leases on public lands since President Joe Biden issued an executive order, one week after taking office, that shut down new leases and caused Gas prices to triple.
President Biden has faced increasing pressure to do something about rising gas prices after Russia’s invasion of Ukraine and inflation sent oil prices soaring. Biden has released millions of barrels of oil from the Strategic Petroleum Reserve as countries around the world cut back on their use of Russian oil.
Biden told voters in February 2020, “And by the way, no more drilling on federal lands, period. Period, period, period.” Since then, in addition to the court ruling, the administration has been met with increasing gas prices, especially in the past 12 months.
Meanwhile, prices went up the roof, heating, driving tripled and the Biden admin, looking for an escape goat.
A year and a day, the Democratic Administration is trying to hold on to the power as election loams. Let's Go..
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